Intimation under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirement), 2015 (SEBI LODR 2015) - Appointment of Ajay Bhatnagar as Additional Director designated as Non - ....
Awaiting price reaction for this filing.
Gammon India Ltd has appointed Mr. Ajay Bhatnagar as Additional Director (Non-Executive Independent Director) effective 30th May 2026. The appointment was approved by the Board based on the recommendation of the Nomination and Remuneration Committee. Bhatnagar holds a B.E. in Civil Engineering from Pune University and has extensive experience in infrastructure and construction, including roles at Gulf Star Contracting LLC in Dubai. The company has confirmed that Bhatnagar is not related to any existing Director or Key Managerial Personnel, indicating an arms-length appointment.
The appointment strengthens the Board's independence and adds construction infrastructure expertise to the company. For shareholders, this represents a positive governance development as independent directors typically provide better oversight.